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Who owns Royal Mail now?
Royal Mail was privatised in 2013, ending over 350 years of state ownership. It was bought by International Distributions Services (IDS) in 2022, a Dutch logistics firm. This change means decisions like job cuts are made by a private, international company, not the UK government, aiming for profit in a changing market.
Stories that explain this
Royal Mail cutting 2,500 head office jobs by end of 2027Related explainers
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